What is it?
A healthy level of cash flow is vital to every business. Cash that can be used to support plans and grow your business. However, at times, your cashflow can be impacted due to additional expenses as you take on more business or late paying customers. Factoring enables you to access a flexible source of funding based on the value of your outstanding customer invoices. It releases up to 90% of the value of outstanding invoices before they are paid.